On 12/27/13, Anworth Mortgage Asset Corp.'s 6.25% Series B Cumulative Convertible Preferred Stock (ANH.PRB) will trade ex-dividend, for its quarterly dividend of $0.3906, payable on 1/15/14. As a percentage of ANH.PRB's recent share price of $20.45, this dividend works out to approximately 1.91%, so look for shares of ANH.PRB to trade 1.91% lower — all else being equal — when ANH.PRB shares open for trading on 12/27/13. On an annualized basis, the current yield is approximately 7.64%, which compares to an average yield of 7.82% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.
Reminder: Anworth Mortgage Asset Corp.'s Series B Cumulative Convertible Preferred Stock Goes Ex-Dividend Soon
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